This new report considers the growth of Data Centre space, power, and pricing for Iceland. The report shows the revenues for Cloud and Data Centre Market forecast over the period from the beginning of 2021 to the beginning of 2025 and provides profiles of the key Public Cloud and Data Centre providers for Iceland.
About Iceland
Iceland has some of the most advanced ICT usage worldwide. For example, according to the most recent World Economic Forum (WEF) Global Competition Index (GCI) published in October 2019, Iceland is ranked 26th out of 141 economies worldwide - with a score of 74.7 percent out of 100 (a fall of 2 place rankings worldwide). In terms of ICT adoption, Iceland is ranked 7th out of 141 economies (including factors such as mobile subscribers, Broadband subscribers, Fixed broadband, Fibre internet & overall internet users). And for digital skills, Iceland is ranked 2nd out of 141 economies worldwide.
In December 2020 the WEF announced that Iceland was ranked 7th for ICT adoption worldwide (behind Sweden in 4th place) and 4th for Digital Skills worldwide (behind Finland, Sweden & Estonia).
Iceland is a small country of only 357,000 people and has a Data Centre sector comprising five Data Centre Providers.
Iceland has become a major destination for bitcoin mining and HPC (High Performance Computing) users with Data Centres built to cater for high density applications, benefiting from free air cooling and low cost renewable power sources. International connectivity has been an issue with latency due to Iceland’s distance from other European countries making Iceland less attractive for low latency applications but highly attractive for high-density HPC applications.
Iceland Data Centre Forecast Chart 2022-2026
Table of Contents
- Methodology - Iceland Data Centre Landscape
- Digital Statistics Summary
- The Key 3rd party Data Centre Providers & Facilities in Iceland
- The Key Data Centre Provider Profiles
- Icelandic Data Centre Space Forecast
- Icelandic Data Centre Power Forecast
- Icelandic Data Centre Power in kWH
- The Key Data Centre Clusters in Iceland
- Icelandic Data Centre Pricing Forecast
- An Icelandic Data Centre Revenue Forecast
- An Icelandic Public Cloud Forecast
- The Key Trends for the Icelandic Data Centre Market
- The Outlook for the Icelandic Data Centre Market
List of Figures
Figure 1 - A schematic showing the route of the proposed IRIS subsea cable system
Figure 2 - A simplified map of Iceland
Figure 3 - A table showing the key 3rd party Data Centre Providers & Facilities in Iceland
Figure 4 - A picture showing a container in the Thor Data Centre facility
Figure 5 - A picture showing the atNorth Mjolnir Data Centre campus
Figure 6 - A picture showing the construction phase of the Reykjavik DC
Figure 7 - A picture showing the Verne Global Data Centre facility
Figure 8 - A chart showing the forecast Icelandic Data Centre raised floor space from the beginning of 2022 to the beginning of 2026 - in m2 per annum
Figure 9 - A pie chart showing the key Data Centre Provider market share in Iceland by raised floor space - in percent
Figure 10 - A chart showing forecast Icelandic Data Centre Customer Power in MW per annum - from mid 2022 to mid 2026
Figure 11 - A chart showing the utility cost in Euro per kWH for selected European Countries including Iceland
Figure 12 - A table showing the utility industrial pricing in Euro per kWH for selected European Countries
Figure 13 - A chart showing forecast average Icelandic Data Centre Pricing (standard rack space, m2 & kW rentals) from the beginning of 2022 to the beginning of 2026 - in Euro per month
Figure 14 - A table showing the spread of Data Centre rack space Pricing (from lowest to highest) for selected European Countries - in Euro per month
Figure 15 - A chart showing forecast Icelandic Data Centre Revenues in millions of Euro per annum - from the beginning of 2022 to the beginning of 2026
Figure 16 - A chart showing forecast Icelandic Public Cloud Revenues in millions of Euro per annum - from the beginning of 2022 to the beginning of 2026
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- atNorth
Methodology
The analyst researches its reports typically within a three-month period. All of its reports are based on primary and secondary research including interviews with relevant companies/operators covered in the report. The analyst also draws on its extensive in-house database and its contacts in the field of telecommunications it has established since the company was launched in 2006.
The analyst has 26-years of experience in the field of telecoms pricing both mobile and fixed. They have a network of consultants as well as a multi-lingual research team, with languages spoken French, German, Polish and Spanish.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 23 |
| Published | March 2022 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value in 2022 | 28000 m2 |
| Forecasted Market Value by 2026 | 40000 m2 |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Iceland |
